After tariff-driven volatility, mortgage rates move lower
The 30-year fixed rate mortgage continues to slip away from the 7% mark, Freddie Mac said, but experts still expect them to stay higher for longer.
U.S. real-time payments are set for a boost. Here’s why.
The lack of a government requirement has slowed adoption in the U.S., but there are signs demand is picking up.
Banks ramp up lending to energy sector
Oil and gas companies are borrowing to invest in more drilling and new processing facilities to meet rising global needs for U.S. fossil fuels. Several banks said energy loan demand is expected to strengthen further this year.
How to apply for the Best Banks to Work For 2025
Registration is now open for American Banker’s annual Best Banks to Work For awards.
President Trump has a unique opportunity to reform the FDIC’s board
The time is ripe for Congress and the president to shrink the Federal Deposit Insurance Corp.’s board of directors back down to its original three members, removing the Consumer Financial Protection Bureau’s seat.
Bank customers still complain about crypto debanking
Despite crypto-friendly signals coming from Washington, getting a bank account still appears to be a challenge for crypto businesses and investors.
Federal Reserve releases 2025 stress test scenarios
With the Federal Reserve eyeing changes to its annual examination of large bank resilience, this year’s test could be the last of its kind.
JPMorgan Chase to triple its branch footprint in Alabama
The $4 trillion-asset company is looking to grow its deposit franchise by building a presence in new markets. The 24-branch addition in Alabama is its latest part of that push.
Hagerty staffer tapped for Treasury financial regulatory post
Luke Pettit could have an expanded role compared to previous assistant secretaries for financial institutions as President Donald Trump eyes Treasury lead for deregulatory agenda.
Riding a growth wave, a Florida bank lays out succession plan
Founder Ken LaRoe says his decision to step back from daily management chores will help the Orlando, Florida-based Climate First Bancorp maintain its independence.